Nasdaq Wins Internet Domain Name Case
Posted by Kheldar on 09 October 2001 - 16:12 · no comments & 153 views
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The Toronto-based "Green Angel" group appeared to have used the Nasdaq domain names to boost sales of books and advertising on its Web site, according to the ruling by the World Intellectual Property Organization.
Michael Swinson, the Australian arbitrator named by the U.N. agency, ordered that the four contested domain names -- nasdaqstockexchanges.com, nasdaqstockmarket.com, nasdaqamexstockexchange.com and nasdaqexchanges.com be transferred to Nasdaq. The parties have 10 days to appeal.
The electronic screen-based market already has the site nasdaq.com, the world's second most popular financial Web site with about 50 million "hits" a day, according to WIPO.
It has held U.S. trademarks containing the word "Nasdaq" since 1970 and registered nasdaq.com as a domain name in 1993.
"The problem right now is Intel is getting some momentum back with their 2 gigahertz Pentium 4 chip," said Needham & Co. analyst Dan Scovel. "They stole the crown back after a six-month hiatus."
AMD has been, for several months now, stressing to reporters and analysts that the clock speed of a microprocessor, the brains of PC, is not the last word on overall performance. There are benchmark tests that have been done showing AMD's Athlon -- running at a slower clock speed -- outperforms Intel's Pentium 4 chip on certain tasks.
Some wonder, though, whether it's too little too late.
"If you're going to get serious about weighing price performance, I think it's a valid point that AMD is making," Scovel said. "But beating the drum at this point is kind of like closing the door after the horse has left the barn."